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. >> now, you alluded to this in terms of looking down the road but the "sacramento bee" quoted one expert who said it is too soon to draw any conclusions and that budget estimates, estimates are often wildly off. so is there truth to that? could this actually when playing out not look as good down the road? >> of course it could. and i read that quote, my first thought was that's a critique you could level at any budget at any state or any federal government or any country. basically, these budget agreements are agreements that a legislature makes at a point in time. next year's leng slach could come back and change that. i think the case of california you have to look at two things. one is that some of these revenues come from -- a non-trivial amount of theechblz v revenues come from the folks at the very high end of the income scale. if they stop going as well that's could be a constraint. and of course the spending cuts have to hold. we have a legislature there that's 2/3 democrat. they've already been making some noise about taking back some of those cuts. so it's definitely worth wat
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